ALM Risk Manager

• Salary: Gross monthly salary between EUR 5,876 and EUR 9,234 (scale 10).
• Extras: a thirteenth month, 8% holiday allowance, and a 10% Employee Benefit Budget.
• Development budget: EUR 1,400 development budget per year for your growth and development.
• Hybrid working: a balance between home and office work (possible for most roles).
• Pension: decide for yourself the amount of your personal contribution.

Or view all our benefits.

Managing the bank's balance sheet is a challenging task due to its intricate environment, policy uncertainty, and economic volatility. Furthermore, ALM risk measures are driven by assumptions on client’s behaviour (e.g. regarding savings and prepayment) and the bank’s behaviour (e.g. rate setting). ALM Risk Control team as part of Group ALM assesses whether non-model measurement methodology (including assumptions) is applied correctly in the risk calculations. These calculation and stress test controls are important as the risk figures and reported stress test results are used for management decisions and steering the bank. Next to this, effective ALM Risk measurement validation is required by regulation.

Regardless of your background and current expertise, working in Group ALM will increase your understanding of Rabobank’s balance sheet management covering all applicable risk types (Market Risk in the Banking Book, Liquidity & Funding) and from your position you will be consulted and involved in ALM related topics. This role is challenging, as it requires a combination of analytical and policy skills, making you a better finance professional by exposing you not only to the practical, but also more fundamental aspects of risk management. Moreover, as the job requires working with many different stakeholders, you will strengthen your communication and collaboration competencies.

• ALM lies at the core of our bank. You will work on areas deeply integrated in our business model and strategy, involving pricing, hedging, and funding. Your work plays a crucial role in the bank’s strategic decision-making, impacting the whole balance sheet and millions of customers.
• You will support decision-making with thorough analyses and by documenting your work while communicating key messages justified by observations and adequately formulated deficiencies. You will advise to senior management and inform committees such as RMC Treasury.
• Together with your colleagues you set the ALM Risk Control agenda, establish fit-for-purpose control approaches and tailor your stakeholder management. Without the need for explanations and guidance you will turn assessments of complex matter into a clear and comprehensive view on implementation effectiveness.

We believe in the power of difference. Bringing together people's differences is what makes us an even better bank. So, we are very curious about what you can bring to our team at Group ALM. The 26 people in Group ALM safeguard Rabobank’s position and bring our ALM Framework into the future. Working together is the way we work; as 1 effective team at Rabobank.

Talking of Rabobank: We are a Dutch bank that operates in 35 countries for over 9 million customers. Together with these customers, our members and partners we stand side by side to create a world in which everyone has access to enough healthy food. In the Netherlands we work to create a country in which people are happy with how they live, work and do business.

• A Master’s degree in economics, finance or a quantitative field (econometrics, mathematics, physics or similar)
• At least five years' experience in risk management, treasury or related areas, with comprehensive understanding of a bank’s balance sheets and products
• Strong analytical skills, enabling you to analize complex content and to understand the consequences for the bank’s risk position as a whole
• Good understanding of the relation between operational and financial risk management and the ability to connect both risk domains.
• Excellent communication skills, both verbal and written, allowing you to translate complex matters into comprehensible information for higher management, business users and risk managers within and outside Group ALM
• Collaborative, resilient, result-driven, taking accountability and demonstrating a proactive attitude with a keen eye for effective contributions to Group ALM’s purpose as a whole

Interested? Please reply to the vacancy for ALM Risk Manager at Rabobank. Of note: Your resume is of interest, your motivation even more!

• Any questions about the job content? Contact: Leon Coomans, Head of ALM Risk Control via Leon.Coomans@rabobank.nl
• Any questions about working at Rabobank and the process? Contact: Joris Opdam, Corporate Recruiter via Joris.Opdam@rabobank.nl
• If you are selected for an interview, Bo, our virtual assistant, will reach out to you via SMS and email to schedule the interview.
• You can find answers to the most frequently asked questions on rabobank.jobs/en/faq.
• A security check is part of the process.
• We respect your privacy.

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